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Ohio, IL Apartment Buildings for Sale

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Walnut, IL Princeton, IL Sublette, IL Dixon, IL Amboy, IL Deer Grove, IL Wyanet, IL Mendota, IL
Historic 5-6 Unit Apartment Building
Updated: Apr 12
Historic 5-6 Unit Apartment Building

109 N Memorial St, Ohio, IL 61349

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5–6 unit historic apartment building originally built as a Catholic school over 100 years ago
Roof is approximately 5 years old and described as a huge 53‑square roof
Hard yellow southern pine floors through much of the building and many units feature open floor plans
Exterior wall construction: 30 thick below the exterior sandstone ledge and 24 thick above; interior walls are 2 x 6 construction
Heating: all apartments are electric heat except one unit with gas forced air
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Ohio, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Downtown Mixed-Use Building
Downtown Mixed-Use Building

134 Marquette Street, La Salle, IL 61301

$650,000

Remodeled street-level commercial space supports retail or office use beneath nine upper-floor apartments.

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Mixed-Use Building with Retail and Apartments
Mixed-Use Building with Retail and Apartments

La Salle, IL 61301

$349,900
8,712 sqft

Second-floor apartments are framed with electrical and plumbing rough-ins, plus HVAC ductwork largely installed, alongside ground-floor retail space.

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Six-Unit Apartment Building
Six-Unit Apartment Building

206 W 5th St, Sterling, IL 61081

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Fully rented six-unit complex with all 2-bedroom units and tenant-paid utilities.

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Retail and Apartment Building
Retail and Apartment Building

408 3rd Ave, Sterling, IL 61081

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Two commercial storefronts with eight apartments above, including two studios and four one-bedrooms.

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Ohio, IL Apartment Buildings Market Trends and Statistics

Explore 1 apartment buildings for sale in Ohio, IL on our real estate platform.

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Demographics Overview

Population 1,039
Population Growth (5Y) +20.4%
Median Household Income $65,938
College Educated 23.7%

Taxes & Financing

Tax Rate (average for all types) 7.88%
Tax Rate vs County Average 0.69 pp below county avg
Average Loan-to-Value 65.0%

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